Essentially, the new presidency started last week. President Umaru Musa Yar’Adua appointed his cabinet on 26 July and followed this four days later with a sweeping shake-up of...

Directors of Ecobank Transnational Incorporated (ETI), Africa’s biggest cross-border lender, are due to hold another emergency meeting on 20 September to resolve the crisis over claims that its...

Oil industry experts calculate that Nigeria may have lost US$100 billion from 2010 to 2015 from outright theft and excessively disadvantageous production and trading deals. Audits by international...

Telephone taps of Italian middlemen in the deal over Oil Prospecting Licence 245 reveal extraordinary detail about the manoeuvring that led to the agreement between the Nigerian government,...

An improbable revolutionary, central bank governor, Olayemi Michael Cardoso, could preside over the biggest shake-up of Nigeria's financial sector for decades. His announcement last month of tough new...